If there is anything that I can give to anyone as an advice then it would be for them to invest some certain amount of money they have as spare into crypto currency and hold for a long term and without a doubt I believe they will reap good rewards from it and come back to me and say thank you for the beautiful advice.
Crypto investments the best.
- Thread starter Blessed19
- Start date
Yeah, you're right, we have to have a strategy, especially we have to be able to determine when is the right time to buy crypto, and we have to determine whether our investment goals are for the short or long term, so we have to apply different strategies.
Although crypto has a lot of potential for making profits, it is also high risk, and not all traders will always be able to make a profit on every transaction they make.
Sure we have to be able to determine when is the right time to buy crypto or to sell to make good profit and we have to determine whether our investment goals really what are needed
That's right, we have to determine when is the right time to buy especially after an overbought occurrence so the price will reverse to a downward trend and you have to monitor the possibility of the price at the lowest point, so you will get crypto at the cheapest price. In general, investors will take profits when the price has risen more than 100%.
I will also agree that crypto investment is the best because you're going to get huge profit from it.
Honestly, truth be told, this is the best advice anyone can ever receive, it is a very good investment, but you must be willing to invest only the money you can afford to loose, so you don't get depressed if things don't work out well for you.
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- Thread starter
- #16
You get the idea on these things as people are busy selling their BTC which is in their wallets rather than holding or even buying more of it so as to get a better profit when there is a very huge bull run which js ti come in the coming months or even next year. I would hold onto the little BTC that I have in my wallet and swap the other tokens in my wallet too and get BTC so as to hold for a long term.
Investing in cryptocurrency is extremely lucrative and one of the best ways to make money. I know a lot of Persons who are making good money from crypto investment. But to earn from this you need to have good knowledge about it.
- Thread starter
- #19
Truly we all need to be very alert and aware of the current market of crypto currency before trying anything like mining for we don't know if there could be any crypto coin that is being mined now that could be like BTC or LTC or even ETH within a short period of time as they advertise in their social media outlet during mining giving the project good hypes to miners.
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Crypto investing is such a joy to behold as when you get to invest in the right coin and hold for long term, it would bring forth good amount of profits for you which you never imagined to be having and that is why I always go for the long run rather than investing for short term holding. I have a $100 investment in LTC and I am seeing to it until early next year before I would do anything about it.
